Summary
- Asking price:
-
$600,000
- Sales revenue:
- < $500k
- Net profit:
- < $250k
- Years established:
- Since 2002
- Employees:
- 7
Business description
Eight 1- bedroom Beach Front Apartments
10 Room Guest-house/Hotel with Restaurant
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- 2 Leases
a) Beach-front Apartments
48,000 Baht monthly - Lease expires 1018 - increase 10% every 3 years
b) Hotel/Restaurant - 9,000 Baht - Lease expires - 2015
Both leases re negotiable after expiry.
- Location:
- Apartments - Beach-front - Mea Haad - walking distance to commercial area.
Directly across the street (20 meter) from beach -
10 room Hotel and restaurant
Other information
- Expansion potential:
- The island of Ko Tao is rapidly expanding.Formerly a backpacking destination, the island has become more mainstream and upmarket. Several 5 star hotels are in the planning stage.
- Support & training:
- Manager & staff can stay on at the buyers discretion.
- Reasons for selling:
- Need international schooling standard for child.
- Trading hours:
- 7 a.m. to 10 p.m.
- Furniture / Fixtures value:
- $100,000
- Inventory / Stock value:
- $2,000
- Related documents:
-